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HOPR Genesis DAOHOPR Genesis DAOby0xCdf80Ed32e01bbA48DB89595ac040871d1808de80xCdf8…8de8

LAST CHANCE(20m) - Community presale on xDAI + LBP + Uniswap liquidity mining

Voting ended almost 5 years agoSucceeded

This proposal is for distributing the 85m HOPR tokens to both existing members and also to new members as follows:

20m HOPR community whiltelisted (whitelist is the Genesis DAO) presale on xDAI token price $0.05: The HOPR Genesis DAO currently has about 3000 members so that would make about 6600 HOPR per person. If the cap does not get reached within 24h, remove the personal cap so that the rest of the community can buy in. In this way the DAO could raise up to 1m DAI which is a good starting capital for LBP.

59m HOPR Balancer LBP on main net: This is open for anyone, does not require any KYC and starts a price finding of secondary market. The proceeds from the presale start the LBP. Starting price should be at least $0.3 and then fall from there over 72h similar to PERP (if people buy, the price might also go higher).

6m liquidity mining on Uniswap: Distributed over 3 months, this incentivizes liquidity providers to not just dump their tokens but actually keep liquidity on Uniswap.

None of these processes require KYC, the community presale is cheap because of xDAI and all preserves the privacy of the HOPR community and allows for a fair distribution. That should serve everyone in the community.

Off-Chain Vote

Support
30 76.9%
Reject
9 23.1%
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Timeline

Feb 10, 2021Proposal created
Feb 10, 2021Proposal vote started
Feb 12, 2021Proposal vote ended
Oct 26, 2023Proposal updated